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Market Snapshot
CommercialRM 1,215,000
RM 723 psfMedian transaction price
Jln Pokok Mangga 22, Melaka, Malaysia
MapsTaman 1 Lagenda in Melaka Tengah, Melaka recorded 0 subsale transactions between 2021 and 2026, with a median price of RM 1.22 million and a median price per square foot (PSF) of RM 723.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.22 million, with most transactions falling within a stable range of RM 1.02 million to RM 1.41 million, and a typical market range of RM 1.06 million to RM 1.37 million.
Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.
The median PSF stands at RM 723, with core pricing between RM 610 and RM 836. Market pricing typically extends from RM 626.25 to RM 819.75, reflecting moderate variation in unit pricing. The spread of RM 193.50 (IQR) and deviation of RM 113 (MAD) suggest moderate price variations reflecting different property features.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.